Bidding , Project Management

Assignment Help:

Bidding is a process in which you  quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auction, interested parties compete for acquisitions by offering a higher bid than the offer that is currently on the table and higher than the competitive bidders. In silent auction, there is no quote on table; the quoted bid is the maximum price that the bidder is willing to pay for the goods or services.  

The most widely used methods of bidding are as follows: 

  •   International/Global Competitive Bidding (ICB). 
  •   Limited International Competitive Bidding (LIB). 
  •   National Competitive Bidding (NCB).  

Related Discussions:- Bidding

Critical path, Critical Path about wedding planning

Critical Path about wedding planning

PROJECT CHARTER, GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.

GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.

Show the product formulation, Q. Show the product formulation? One shou...

Q. Show the product formulation? One should also see the kind of infrastructure available in the laboratory and use the techniques which can be easily standardized for example,

Precedence Diagrams, I know how to construct a precedence diagram but i am ...

I know how to construct a precedence diagram but i am asked the question :use the largest candidate rule to assign work elements to stations using a service time of 1.5 min how do

NPV, A brilliant UTM student at the end of his graduation is in presence of...

A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choosen between them.

Calculate the net present value for each opportunity, Question: A brill...

Question: A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choose between them. One is a job offer with a salary of Rs15,000

Elaborate on the importance of the project closeout report, QUESTION (a...

QUESTION (a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of au

Disadvantages of product layout - demerits of breakdown, Disadvantages of P...

Disadvantages of Product Layout - Demerits of Breakdown The production line is vulnerable to interruption and shutdowns. A breakdown of a machine will render the entire line i

Concepts of market size, When JF persuaded a leading retail supermarket cha...

When JF persuaded a leading retail supermarket chain to trial her 'home-made' chocolate dessert range she could not have anticipated how well it would sell. Now a year on she has f

Enterprising management, Hi dear my presentation is ready I need to do my B...

Hi dear my presentation is ready I need to do my Business Plan on it for 2500 words.. can u do it please

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd